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few jobs left out there for $22 an hour. i have a suggestion. bill clinton and david stockton agree on a solution for the entitlement program. they said to do away with the payroll tax and fund the medicare and pension system with a national sales tax, would eliminate the advantage that europe and the other nations have over us because they don't charge that on the exports. guest: many economists agree with your last point. the payroll tax cut is regressive and is a disincentive to save. many economists would agree with your point. bill clinton and david stockton can agree on something. they are more sensible than some in the political arena today. the point about dependency on public assistance -- i have not looked at this recently. i received permission to engage welfare reform. we meet the whole process much more work related. you have to participate in job- training. when a job came open, you had to take it. welfare rolls move down substantially. i think that is how the process should work. there should be a temporary way station, back to being a taxpayer once again. that is my
pressed obama his response was, well, under bill clinton there was great economic prosperity. the whole answer of obama is about bill clinton and now nifty the economy was under him. i got to tell you i would have given a limb to see mitt romney turn to the president and say, mr. president, i knew bill clinton. [laughter] our ideas work, their ideas don't. the last four years our economy has grown 1.5% a year. that is less than half the historical average. for 70 years, we have averaged 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] >> and everything by the way, is george w bush's fault. he doesn't have much historical memory when he makes that argument. any of all remember 1978, 1979, double-digit unemployment, 22% interest rates, gas lines, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of explod
Search Results 0 to 1 of about 2